If your financial institution goes bankrupt, contact one of these organizations to find out how your assets are protected:
The Canada Deposit Insurance Corporation (CDIC)
The Canadian Investor Protection Fund (CIPF)
CIPF protects assets and cash you have invested with brokerage firms up to $1,000,000. Your firm must be a member to be eligible for CIPF coverage. All Investment Industry Regulatory Organization of Canada (IIROC) regulated firms must be members of CIPF. Learn more about how CIPF protects your money.
The Mutual Fund Dealers Association (MFDA) Investor Protection Corporation
Content in this section is provided in partnership with Investor Education Fund, a non-profit organization founded and supported by the Ontario Securities Commission that provides unbiased and independent financial tools to help Canadians make better money decisions. To find out more, go to: GetSmarterAboutMoney.ca
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